Saudi Arabian Oil Company (Aramco), the world’s largest seller of crude oil, reported an almost 40 percent rise in third-quarter net income to $42.4 billion as global crude oil prices were affected by “continued economic uncertainty” and it forecast that oil demand would continue to grow for the rest of the decade.
The Saudi Arabian Oil Company, Saudi Aramco, posted third-quarter net income of $11.8 billion as it planned future LNG and natural gas as well as new energy projects and reported record one-day output at one of its gas fields and more gas discoveries.